National Health Investors, Inc. (NYSE:NHI – Free Report) – Analysts at Wedbush reduced their FY2025 earnings per share estimates for shares of National Health Investors in a report released on Wednesday, November 6th. Wedbush analyst R. Anderson now anticipates that the real estate investment trust will earn $4.58 per share for the year, down from their previous estimate of $4.64. The consensus estimate for National Health Investors’ current full-year earnings is $4.48 per share.
Several other analysts also recently issued reports on NHI. Wells Fargo & Company downgraded National Health Investors from an “overweight” rating to an “equal weight” rating and raised their price target for the stock from $81.00 to $86.00 in a report on Tuesday, October 1st. StockNews.com cut National Health Investors from a “buy” rating to a “hold” rating in a research note on Tuesday, October 15th. Truist Financial upped their price target on shares of National Health Investors from $65.00 to $78.00 and gave the stock a “hold” rating in a research report on Friday, August 30th. Finally, Bank of America started coverage on shares of National Health Investors in a report on Tuesday, September 24th. They issued a “buy” rating and a $92.00 price objective on the stock. Four analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $73.29.
National Health Investors Stock Performance
Shares of NHI stock opened at $79.64 on Friday. The company has a market cap of $3.46 billion, a P/E ratio of 27.09, a PEG ratio of 5.05 and a beta of 1.05. The business has a 50 day moving average of $80.37 and a two-hundred day moving average of $73.21. National Health Investors has a 52 week low of $49.25 and a 52 week high of $86.13. The company has a quick ratio of 10.27, a current ratio of 10.27 and a debt-to-equity ratio of 0.91.
National Health Investors (NYSE:NHI – Get Free Report) last posted its quarterly earnings results on Tuesday, November 5th. The real estate investment trust reported $0.65 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.07 by ($0.42). National Health Investors had a return on equity of 10.11% and a net margin of 39.11%. The business had revenue of $63.32 million during the quarter, compared to the consensus estimate of $67.93 million. During the same quarter in the previous year, the business posted $1.08 earnings per share. The company’s quarterly revenue was up 1.7% compared to the same quarter last year.
National Health Investors Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 29th. Investors of record on Tuesday, December 31st will be issued a $0.90 dividend. This represents a $3.60 annualized dividend and a yield of 4.52%. The ex-dividend date of this dividend is Tuesday, December 31st. National Health Investors’s payout ratio is currently 122.45%.
Hedge Funds Weigh In On National Health Investors
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Sound Income Strategies LLC raised its position in shares of National Health Investors by 21,963.3% during the 2nd quarter. Sound Income Strategies LLC now owns 153,119 shares of the real estate investment trust’s stock worth $10,371,000 after buying an additional 152,425 shares in the last quarter. Lee Danner & Bass Inc. bought a new stake in National Health Investors during the second quarter worth approximately $5,089,000. Easterly Investment Partners LLC acquired a new stake in National Health Investors in the third quarter worth approximately $5,632,000. Sumitomo Mitsui Trust Holdings Inc. boosted its stake in National Health Investors by 16.0% during the 2nd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 472,959 shares of the real estate investment trust’s stock valued at $32,034,000 after purchasing an additional 65,104 shares in the last quarter. Finally, Jupiter Asset Management Ltd. increased its position in shares of National Health Investors by 448.7% during the 1st quarter. Jupiter Asset Management Ltd. now owns 76,875 shares of the real estate investment trust’s stock valued at $4,830,000 after purchasing an additional 62,865 shares during the period. Institutional investors own 62.51% of the company’s stock.
About National Health Investors
Incorporated in 1991, National Health Investors, Inc (NYSE:NHI) is a real estate investment trust specializing in sale, leasebacks, joint-ventures, senior housing operating partnerships, and mortgage and mezzanine financing of need-driven and discretionary senior housing and medical investments. NHI's portfolio consists of independent living, assisted living and memory care communities, entrance-fee retirement communities, skilled nursing facilities, and specialty hospitals.
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